Quantifying a firm’s security levels may strengthen security over time

Cyberattacks grow in prominence each and every day; in fact, 2017 was the worst year to-date for data breaches, with the number of cyber incidents targeting businesses nearly doubling from 2016 to 2017. Now, new research from the UBC Sauder School of Business has quantified the security levels of more than 1,200 Pan-Asian companies in order to determine whether increased awareness of one’s security levels leads to improved defense levels against cybercrime.